AEye Incshares are rallying Friday morning following the appointment of Paul Bertonas the company's new Vice President of Operations and Quality. Here's what investors need to know.

Former Lucid Motors and Apple Executive Joins AEye Leadership

Berton brings a resume from Lucid Motors, where he led manufacturing and engineering for low-voltage ECUs across more than 30 products. His background also includes leadership roles at Appleand Intel.

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To secure the hire, AEye's Compensation Committee approved an inducement grant of 125,000 restricted stock units (RSUs) under Nasdaq Listing Rule 5635(c)(4). One-third of these units vest in May 2027, with the remainder vesting quarterly over the subsequent two years.

Berton is tasked with scaling global manufacturing and strengthening supply chain execution as AEye moves further into production.

LIDR Earnings Date: Next Major Catalyst Set for May 13

Looking further out, the next major catalyst for the stock arrives with the May 13 earnings report.

• EPS Estimate: Loss of 11 cents (Up from Loss of 33 cents YoY)

• Revenue Estimate: 28 cents million (Up from 6 cents million YoY)

Image: Courtesy of AEye

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